The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

ABRA Auto Body & Glass Acquires East Marietta Paint & Body

19 March 1999

ABRA Auto Body & Glass Acquires East Marietta Paint & Body in Marietta, GA

    MINNEAPOLIS--March 19, 1999--ABRA Auto Body & Glass, LLC, the nation's leader in damaged vehicle repair, today announced it has successfully completed its acquisition of East Marietta Paint & Body in Marietta, GA.
    East Marietta Paint & Body, formerly owned by Donnie and Ruth Reeves, becomes the fourth ABRA Auto Body & Glass facility in the state of Georgia, including stores in Douglasville, Carrollton and Newnan.
    "Choosing a business partner to grow with is not easy," stated former owner, Donnie Reeves. "It was not our intention to sell the business, but to buy into an organization that can take this store to the next level. We found that ABRA shares our vision for the collision repair industry and passion for quality repairs and customer service."
    East Marietta Paint & Body recently completed a major expansion of their facility, including an addition of 4000 square feet to the body shop and additional parking space.
    The expansion of this facility and value added services of ABRA, like auto glass replacement and repair and paintless dent repair are expected to increase the company's current level of sales to $2 million over the next year.
    "The acquisition of East Marietta Paint & Body creates a win-win for everyone involved," stated Tim Adelmann, Vice President and COO. "We gain a strong client base, and the employees have access to unlimited career opportunities, competitive pay and benefits."
    Founded in Minneapolis, MN, in 1984, ABRA Auto Body & Glass, LLC is a full service collision repair, paintless dent repair and auto glass replacement and repair company. ABRA operates 65 collision repair facilities in 12 states.

Terms of the acquisition were not disclosed.

About ABRA Auto Body & Glass, LLC

    ABRA Auto Body & Glass, LLC provides repair services for damaged vehicles featuring full service collision repair, paintless dent repair, and auto glass replacement and repair. A leader in a consolidating industry, ABRA is capitalizing on its well developed infrastructure to pursue an aggressive growth strategy. Utilizing a combination of acquisitions, and new construction in large markets and franchising in smaller markets, ABRA expects to grow to over 200 locations during the next three years. Privately held, ABRA employs over 800 and operates 65 locations in 12 states. The principle stockholders are Rollie Benjamin, Tim Adelmann , GE Capital Corporation and Firemark Advisors, Inc. Calls are encouraged and welcome. Rollie Benjamin (CEO), Tim Adelmann (COO), and Duane Rouse (CFO) can be reached at (612) 561-7220. E-mail can be sent to pr@abraauto.com.